Brown, Robin D. 4
4 · FIRST COMMUNITY CORP /SC/ · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
FCCO EVP Robin D. Brown Receives 1,737 Shares via RSU Vest
What Happened
- Robin D. Brown, Executive Vice President, HR and Marketing of First Community Corporation (FCCO), had 1,737 time‑based restricted stock units (RSUs) cliff‑vest on February 21, 2026. The RSUs converted to 1,737 shares (no purchase price).
- To satisfy tax withholding on the vesting event, 776 shares were withheld and disposed at $30.62 per share for a cash value of $23,761. Net shares delivered to Brown after withholding were 961 shares.
Key Details
- Transaction date: February 21, 2026; Form 4 filed February 24, 2026 (appears timely).
- Conversion/acquisition: 1,737 shares from vested RSUs at $0.00 (derivative conversion).
- Tax withholding/disposition: 776 shares withheld at $30.62/share, total ~$23,761.
- Net shares delivered to reporting person: 1,737 − 776 = 961 shares.
- Footnotes: RSUs were granted Feb 21, 2023 under the First Community Corporation 2021 Omnibus Equity Incentive Plan and vested on Feb 21, 2026 (each RSU = one share). Additional scheduled cliff vesting: 2,062 RSUs on Feb 20, 2027 and 1,490 RSUs on Feb 18, 2028.
- Shares owned after transaction: not specified in the provided filing details.
Context
- This is an award/vesting event (not an open‑market purchase). Withholding of shares to cover taxes is routine and does not necessarily indicate buying or selling sentiment.
- The reporting shows conversion of RSUs to shares and a partial disposition solely for tax withholding (cashless-like withholding), leaving the rest of the vested shares delivered to the insider.
Insider Transaction Report
Form 4
Brown, Robin D.
EVP, HR and Marketing
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-21+1,737→ 23,365 total - Tax Payment
Common Stock
[F3]2026-02-21$30.62/sh−776$23,761→ 22,589 total - Exercise/Conversion
Restricted Stock Units
[F4][F5][F6]2026-02-21−1,737→ 3,552 total→ Common Stock (1,737 underlying)
Footnotes (6)
- [F1]Shares delivered to the reporting person pursuant to vesting of time-based restricted stock units, which were granted to the reporting person on February 21, 2023, under the First Community Corporation 2021 Omnibus Equity Incentive Plan and vested on February 21, 2026.
- [F2]The time-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the time-based restricted stock units.
- [F3]Shares withheld to satisfy tax withholding obligation applicable to the vesting of time-based restricted stock units that vested on February 21, 2026.
- [F4]Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.
- [F5]1,737 restricted stock units cliff vested on February 21, 2026.
- [F6]2,062 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person and 1,490 restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person.
Signature
/s/ D. SHAWN JORDAN, AS ATTORNEY-IN-FACT|2026-02-24